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Over two thirds of graduates want an overseas assignment during their career, but only 11% are willing to work in India and only 2% in…

GIBS Information Centre / GIBSIC‘s insight:

War for Talent– “PwC’s ‘Talent Mobility: 2020 and beyond’ report, based on data from over 900 global companies, reveals that companies will need to offer new forms of global mobility to respond to skills shortages, changing business needs and employee preferences. – According to the research, only 1% of people are now doing traditional assignments which involve three years in a different country and then returning home. The number of mobile workers, including long-distance commuters (who spend a week or two at a time in another country), has increased and now account for around 8% of the working population. The research reveals that the average length of a posting has now dropped to 18 months and the number of females taking on global assignments is predicted to increase. Women are projected to make up over a quarter of all assignees by 2020. – PwC’s analysis reveals that companies need to increase the number of globally mobile employees to deal with talent constraints. PwC research with over 1,400 HR directors globally reveals that 15% of organisations were unable to achieve growth forecasts in overseas markets due to talent constraints. This has led to nearly two thirds (64%) changing their approach to global mobility.”